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This question is about manager/partner resumes.
What are the duties of a managing partner?
The duties of a managing partner are focused on handling the day-to-day operations of a business partnership and guiding business strategies. This includes things such as maintaining positive client relationships, driving new business acquisitions, and developing and implementing organizational goals, procedures, and policies.
A business with managing partnerships typically means that it has several owners who are usually professionals in the same trade or business. As a partnership, they may decide to manage as a group; however, it can be difficult to get consensus if the group is large.
Not to mention that management duties take away from the primary duties of partners to get clients and provide services. Therefore, in some cases, the partnership may select one partner as managing partner.
Duties and responsibilities of a managing partner:
Working with the executive committee to set organizational strategies and goals
Implementing organizational policies and procedures
Communicating and collaborating with stakeholders, including executives and employees
Monitoring the day-to-day business operations
Reviewing financial activities, including accounting tasks, budgets, financial statements, and reports
Overseeing hiring and firing activities, along with payments and evaluations
Ensuring the business complies with relevant laws and regulations
Assessing organizational and personnel performance, implementing changes as needed for improvements
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